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Updated 9 months ago,
One HUGE opportunity in Manufactured Home Communities POHs
I have recently been working to figure out how to make certain park purchases with a lot of Park Owned Homes (POHs). More often than not the owners are overvaluing the park because they are giving value to the homes.
The two ways that those come to create value are renting them for money over the lot rent and selling the homes. I have sold multiple homes in my communities and gotten to the point where I am buying the communities for very high returns once I sell the POHs.
I believe that someone willing to purchase a park and sell the homes can put themselves in a much better position as a community, for the long run and the short run. Don't be scared by POHs, learn how to use them to create value.